StocksMedium•8 October 2026•
1 min read
European Stocks Tumble as French Yields Rise and Brent Crude Surpasses $104
Key Facts
1European stocks opened with sharp losses, led by Italy's FTSE MIB which fell 1.4%.
210-year French bond yields rose to 4.93% as the spread over German bunds widened to 143 bps.
3Brent crude prices surpassed $104 per barrel due to Middle East supply disruptions.
European stocks opened with sharp losses, led by Italy's FTSE MIB which fell 1.4%. Investinglive.com reported that all major indices declined by at least 0.8% as a global bond market sell-off continued to push yields higher and dampen equity demand.
The 10-year French bond yield rose to 4.93%, causing the spread over German bunds to widen to 143 basis points. Meanwhile, Brent crude prices surpassed $104 per barrel due to supply disruptions in the Middle East, further complicating the inflation outlook and weighing on market sentiment.